Merchant Accounts

If you’ve started to grow your business, or if you’re sick of paper invoices and snail mail to collect payments—you might be ready to open a merchant account to accept credit cards.

Before you get started, it’s good to know what to expect when applying for a merchant account. You’re probably wondering…

  • How long will it take?
  • What type of paperwork is involved?
  • What do the underwriters want to see? (Wait, I have to be underwritten?)
  • In this post, we’ll cover the 10 Things You Need to Know About Opening a Merchant Account.

For no additional fee, iPayTotal work closely with you throughout the application process. Our goal is to have your account approved as soon as possible with the ideal and best rates applicable to your business model.

Typically within 7-14 days, your account is live and ready. Integrate your website with a selected payment gateway or use our Virtual Payment Terminal to accept credit card payments if you intend to process MO/TO transactions.

Tailor-made package includes an arrangement of a direct merchant account (MID) with one of our EU/UK or international acquiring banking partners, with an award-winning payment gateway service, reporting tools, integrated fraud-prevention and free dedicated lifetime support.

  • 40+ MERCHANT BANKS
  • INTERCHANGE++
  • 30+ PAYMENT METHODS
  • 150+ CURRENCIES

The Process EXPLAINED

STEP 1.

Submit your Application or use our online systems to apply for a merchant account.
CLICK HERE

STEP 2.

After iPayTotal receive your Merchant Application, our Back Office Team proceeds with a check and further approval
are given by our Underwriting Team.

STEP 3.

Website Analysis:  Our Business Team proceeds with an analysis of your current products and advises you
in case there are any changes required on your retail/corporate website.

STEP 4.

iPayTotal Finance Team sends you an invoice, once this invoice paid, your merchant incorporation starts.

STEP 5

iPayTotal setups your Merchant Account and and and you receive  ‘TEST’ codes for the integration of your Merchant Account
on your website.

STEP 6

Once you successfully test your ‘TEST’ Code on your website, our Merchant Team sends you the ‘LIVE’ Code which allows you to process live transactions and accept live payments.

FINAL STEP

Once you are ready to accept payments, you start with your sales processing and your settlements are wired to your business bank account.

Need support?

Connect to one of our live agent NOW!

The experience with iPay Total Ltd. is a very good experience in an overall perspective. Nice and helpful staff, a lot of support during the process of processing transactions, and also good territorial coverage are the most important positive features of this provider (although they are still working on widening of the same).

placeholder
Michał Telka
Chairman, Bluewater Corp

Apply for a Merchant Account

Scroll Up